November 1, 2019 at 9:36 pm

Centrus Energy (NYSEAMERICAN:LEU) Shares Up 17.7%

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Centrus Energy Corp (NYSEAMERICAN:LEU) shares shot up 17.7% during trading on Friday . The company traded as high as $5.94 and last traded at $5.92, 107,985 shares were traded during trading. An increase of 335% from the average session volume of 24,806 shares. The stock had previously closed at $5.03.

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Centrus Energy (NYSEAMERICAN:LEU) last issued its quarterly earnings results on Friday, August 9th. The basic materials company reported ($1.84) EPS for the quarter. The firm had revenue of $10.60 million during the quarter.

An institutional investor recently bought a new position in Centrus Energy stock. River & Mercantile Asset Management LLP purchased a new stake in shares of Centrus Energy Corp (NYSEAMERICAN:LEU) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 121,261 shares of the basic materials company’s stock, valued at approximately $395,000. River & Mercantile Asset Management LLP owned 1.28% of Centrus Energy as of its most recent filing with the Securities and Exchange Commission (SEC).

About Centrus Energy (NYSEAMERICAN:LEU)

Centrus Energy Corp. supplies nuclear fuel and services for the commercial nuclear power industry in the United States, Japan, Belgium, and internationally. The company operates in two segments, Low-Enriched Uranium (LEU) and Contract Services. Its LEU is a component used in the production of nuclear fuel for reactors to produce electricity.

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